The New (Old) Normal Price of Corn and Soybeans
The really good times came in 2022 when the price of corn averaged $6.54 a bushel and soybeans $14.20. University of Illinois agricultural economist Gary Schnitkey says both numbers are way above what the University of Illinois has shown to be the current era’s long-term plateau prices of $4.55 and $11.00. “Whenever we’ve had sort […]